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Putin tells Europe: You still need Russian gas but we’re turning east
President Vladimir Putin said on Thursday (14 April) that Moscow would work to redirect its energy exports eastward as Europe tries to reduce its reliance on them, adding that European nations would not be able to ditch Russian gas immediately.
read more... 18/04/2022
Germany’s global hydrogen plans could accelerate climate change
German Economy Minister Robert Habeck plans to import hydrogen from all over the world to satisfy Germany’s hunger for energy despite a new study questioning the climate-friendliness of hydrogen transport.
read more... 18/04/2022
EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022
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Supply unease underpins coal prices
European coal prices were little changed in Thursday trading as an imminent sanction-related halt to Russian supply continued to unnerve market participants and there were signs of limitations to alternative South African exports.
read more... 15/04/2022
Daily (15.04.2022): Oil prices soared by about 2.5% on Thursday as EU mulls a ban on Russian oil imports
Crude oil prices extended gains on Thursday as traders considered the possibility of a European Union ban on imports of Russian oil. Hence, Brent crude soared by $2.92, or 2.68%, to settle at $111.70 a barrel. U.S. WTI crude closed $2.70 or 2.59% higher at $106.95 a barrel.
read more... 15/04/2022